Abstract: The use of radar in Quantitative Precipitation Estimation (QPE) for radar-rainfall measurement is significantly beneficial. Radar has advantages in terms of high spatial and temporal condition in rainfall measurement and also forecasting. In Malaysia, radar application in QPE is still new and needs to be explored. This paper focuses on the Z/R derivation works of radarrainfall estimation based on rainfall classification. The works developed new Z/R relationships for Klang River Basin in Selangor area for three different general classes of rain events, namely low (10mm/hr, 30mm/hr) and also on more specific rain types during monsoon seasons. Looking at the high potential of Doppler radar in QPE, the newly formulated Z/R equations will be useful in improving the measurement of rainfall for any hydrological application, especially for flood forecasting.
Abstract: One of the most important requirements for the
operation and planning activities of an electrical utility is the
prediction of load for the next hour to several days out, known as
short term load forecasting. This paper presents the development of
an artificial neural network based short-term load forecasting model.
The model can forecast daily load profiles with a load time of one
day for next 24 hours. In this method can divide days of year with
using average temperature. Groups make according linearity rate of
curve. Ultimate forecast for each group obtain with considering
weekday and weekend. This paper investigates effects of temperature
and humidity on consuming curve. For forecasting load curve of
holidays at first forecast pick and valley and then the neural network
forecast is re-shaped with the new data. The ANN-based load models
are trained using hourly historical. Load data and daily historical
max/min temperature and humidity data. The results of testing the
system on data from Yazd utility are reported.
Abstract: This paper presents the applicability of artificial
neural networks for 24 hour ahead solar power generation forecasting
of a 20 kW photovoltaic system, the developed forecasting is suitable
for a reliable Microgrid energy management. In total four neural
networks were proposed, namely: multi-layred perceptron, radial
basis function, recurrent and a neural network ensemble consisting in
ensemble of bagged networks. Forecasting reliability of the proposed
neural networks was carried out in terms forecasting error
performance basing on statistical and graphical methods. The
experimental results showed that all the proposed networks achieved
an acceptable forecasting accuracy. In term of comparison the neural
network ensemble gives the highest precision forecasting comparing
to the conventional networks. In fact, each network of the ensemble
over-fits to some extent and leads to a diversity which enhances the
noise tolerance and the forecasting generalization performance
comparing to the conventional networks.
Abstract: The focus of this paper is to construct daily time series
exchange rate forecast models of Samoan Tala/USD and Tala/AUD
during the year 2008 to 2012 with neural network The performance
of the models was measured by using varies error functions such as
Root Square mean error (RSME), Mean absolute error (MAE), and
Mean absolute percentage error (MAPE). Our empirical findings
suggest that AR (1) model is an effective tool to forecast the
Tala/USD and Tala/AUD.
Abstract: Planning capacities when regenerating complex investment goods involves particular challenges in that the planning is subject to a large degree of uncertainty regarding load information. Using information fusion – by applying Bayesian Networks – a method is being developed for forecasting the anticipated expenditures (human labor, tool and machinery utilization, time etc.) for regenerating a good. The generated forecasts then later serve as a tool for planning capacities and ensure a greater stability in the planning processes.
Abstract: A multi-agent system is developed here to predict
monthly details of the upcoming peak of the 24th solar magnetic
cycle. While studies typically predict the timing and magnitude of
cycle peaks using annual data, this one utilizes the unsmoothed
monthly sunspot number instead. Monthly numbers display more
pronounced fluctuations during periods of strong solar magnetic
activity than the annual sunspot numbers. Because strong magnetic
activities may cause significant economic damages, predicting
monthly variations should provide different and perhaps helpful
information for decision-making purposes. The multi-agent system
developed here operates in two stages. In the first, it produces twelve
predictions of the monthly numbers. In the second, it uses those
predictions to deliver a final forecast. Acting as expert agents, genetic
programming and neural networks produce the twelve fits and
forecasts as well as the final forecast. According to the results
obtained, the next peak is predicted to be 156 and is expected to
occur in October 2011- with an average of 136 for that year.
Abstract: Since the pioneering work of Zadeh, fuzzy set theory has been applied to a myriad of areas. Song and Chissom introduced the concept of fuzzy time series and applied some methods to the enrollments of the University of Alabama. In recent years, a number of techniques have been proposed for forecasting based on fuzzy set theory methods. These methods have either used enrollment numbers or differences of enrollments as the universe of discourse. We propose using the year to year percentage change as the universe of discourse. In this communication, the approach of Jilani, Burney, and Ardil is modified by using the year to year percentage change as the universe of discourse. We use enrollment figures for the University of Alabama to illustrate our proposed method. The proposed method results in better forecasting accuracy than existing models.
Abstract: The nature of consumer products causes the difficulty
in forecasting the future demands and the accuracy of the forecasts
significantly affects the overall performance of the supply chain
system. In this study, two data mining methods, artificial neural
network (ANN) and support vector machine (SVM), were utilized to
predict the demand of consumer products. The training data used was
the actual demand of six different products from a consumer product
company in Thailand. The results indicated that SVM had a better
forecast quality (in term of MAPE) than ANN in every category of
products. Moreover, another important finding was the margin
difference of MAPE from these two methods was significantly high
when the data was highly correlated.
Abstract: Travel demand forecasting including four travel choices, i.e., trip generation, trip distribution, modal split and traffic assignment constructs the core of transportation planning. In its current application, travel demand forecasting has associated with three important issues, i.e., interface inconsistencies among four travel choices, inefficiency of commonly used solution algorithms, and undesirable multiple path solutions. In this paper, each of the three issues is extensively elaborated. An ideal unified framework for the combined model consisting of the four travel choices and variable demand functions is also suggested. Then, a few remarks are provided in the end of the paper
Abstract: Quantitative precipitation forecast (QPF) from
atmospheric model as input to hydrological model in an integrated
hydro-meteorological flood forecasting system has been operational
in many countries worldwide. High-resolution numerical weather
prediction (NWP) models with grid cell sizes between 2 and 14 km
have great potential in contributing towards reasonably accurate QPF.
In this study the potential of two NWP models to forecast
precipitation for a flood-prone area in a tropical region is examined.
The precipitation forecasts produced from the Fifth Generation Penn
State/NCAR Mesoscale (MM5) and Weather Research and
Forecasting (WRF) models are statistically verified with the observed
rain in Kelantan River Basin, Malaysia. The statistical verification
indicates that the models have performed quite satisfactorily for low
and moderate rainfall but not very satisfactory for heavy rainfall.
Abstract: In this paper we present an autoregressive model with
neural networks modeling and standard error backpropagation
algorithm training optimization in order to predict the gross domestic
product (GDP) growth rate of four countries. Specifically we propose
a kind of weighted regression, which can be used for econometric
purposes, where the initial inputs are multiplied by the neural
networks final optimum weights from input-hidden layer after the
training process. The forecasts are compared with those of the
ordinary autoregressive model and we conclude that the proposed
regression-s forecasting results outperform significant those of
autoregressive model in the out-of-sample period. The idea behind
this approach is to propose a parametric regression with weighted
variables in order to test for the statistical significance and the
magnitude of the estimated autoregressive coefficients and
simultaneously to estimate the forecasts.
Abstract: The prediction of financial time series is a very
complicated process. If the efficient market hypothesis holds, then the predictability of most financial time series would be a rather
controversial issue, due to the fact that the current price contains already all available information in the market. This paper extends
the Adaptive Neuro Fuzzy Inference System for High Frequency
Trading which is an expert system that is capable of using fuzzy reasoning combined with the pattern recognition capability of neural networks to be used in financial forecasting and trading in high
frequency. However, in order to eliminate unnecessary input in the
training phase a new event based volatility model was proposed.
Taking volatility and the scaling laws of financial time series into consideration has brought about the development of the Intraday Seasonality Observation Model. This new model allows the observation of specific events and seasonalities in data and subsequently removes any unnecessary data. This new event based
volatility model provides the ANFIS system with more accurate input
and has increased the overall performance of the system.
Abstract: In this paper discrete choice models, Logit and Probit
are examined in order to predict the economic recession or expansion
periods in USA. Additionally we propose an adaptive neuro-fuzzy
inference system with triangular membership function. We examine
the in-sample period 1947-2005 and we test the models in the out-of
sample period 2006-2009. The forecasting results indicate that the
Adaptive Neuro-fuzzy Inference System (ANFIS) model outperforms
significant the Logit and Probit models in the out-of sample period.
This indicates that neuro-fuzzy model provides a better and more
reliable signal on whether or not a financial crisis will take place.
Abstract: Discrete choice model is the most used methodology for studying traveler-s mode choice and demand. However, to calibrate the discrete choice model needs to have plenty of questionnaire survey. In this study, an aggregative model is proposed. The historical data of passenger volumes for high speed rail and domestic civil aviation are employed to calibrate and validate the model. In this study, different models are compared so as to propose the best one. From the results, systematic equations forecast better than single equation do. Models with the external variable, which is oil price, are better than models based on closed system assumption.
Abstract: A learning management system (commonly
abbreviated as LMS) is a software application for the administration,
documentation, tracking, and reporting of training programs,
classroom and online events, e-learning programs, and training
content (Ellis 2009). (Hall 2003) defines an LMS as \"software that
automates the administration of training events. All Learning
Management Systems manage the log-in of registered users, manage
course catalogs, record data from learners, and provide reports to
management\". Evidence of the worldwide spread of e-learning in
recent years is easy to obtain. In April 2003, no fewer than 66,000
fully online courses and 1,200 complete online programs were listed
on the TeleCampus portal from TeleEducation (Paulsen 2003). In the
report \" The US market in the Self-paced eLearning Products and
Services:2010-2015 Forecast and Analysis\" The number of student
taken classes exclusively online will be nearly equal (1% less) to the
number taken classes exclusively in physical campuses. Number of
student taken online course will increase from 1.37 million in 2010 to
3.86 million in 2015 in USA. In another report by The Sloan
Consortium three-quarters of institutions report that the economic
downturn has increased demand for online courses and programs.
Abstract: The purpose of this paper is to present two different
approaches of financial distress pre-warning models appropriate for
risk supervisors, investors and policy makers. We examine a sample
of the financial institutions and electronic companies of Taiwan
Security Exchange (TSE) market from 2002 through 2008. We
present a binary logistic regression with paned data analysis. With
the pooled binary logistic regression we build a model including
more variables in the regression than with random effects, while the
in-sample and out-sample forecasting performance is higher in
random effects estimation than in pooled regression. On the other
hand we estimate an Adaptive Neuro-Fuzzy Inference System
(ANFIS) with Gaussian and Generalized Bell (Gbell) functions and
we find that ANFIS outperforms significant Logit regressions in both
in-sample and out-of-sample periods, indicating that ANFIS is a
more appropriate tool for financial risk managers and for the
economic policy makers in central banks and national statistical
services.
Abstract: In this paper variation of spot price and total profits of
the generating companies- through wholesale electricity trading are
discussed with and without Central Generating Stations (CGS) share
and seasonal variations are also considered. It demonstrates how
proper analysis of generators- efficiencies and capabilities, types of
generators owned, fuel costs, transmission losses and settling price
variation using the solutions of Optimal Power Flow (OPF), can
allow companies to maximize overall revenue. It illustrates how
solutions of OPF can be used to maximize companies- revenue under
different scenarios. And is also extended to computation of Available
Transfer Capability (ATC) is very important to the transmission
system security and market forecasting. From these results it is
observed that how crucial it is for companies to plan their daily
operations and is certainly useful in an online environment of
deregulated power system. In this paper above tasks are demonstrated
on 124 bus real-life Indian utility power system of Andhra Pradesh
State Grid and results have been presented and analyzed.
Abstract: This paper explores the effectiveness of machine
learning techniques in detecting firms that issue fraudulent financial
statements (FFS) and deals with the identification of factors
associated to FFS. To this end, a number of experiments have been
conducted using representative learning algorithms, which were
trained using a data set of 164 fraud and non-fraud Greek firms in the
recent period 2001-2002. The decision of which particular method to
choose is a complicated problem. A good alternative to choosing
only one method is to create a hybrid forecasting system
incorporating a number of possible solution methods as components
(an ensemble of classifiers). For this purpose, we have implemented
a hybrid decision support system that combines the representative
algorithms using a stacking variant methodology and achieves better
performance than any examined simple and ensemble method. To
sum up, this study indicates that the investigation of financial
information can be used in the identification of FFS and underline the
importance of financial ratios.
Abstract: Photovoltaic power generation forecasting is an
important task in renewable energy power system planning and
operating. This paper explores the application of neural networks
(NN) to study the design of photovoltaic power generation
forecasting systems for one week ahead using weather databases
include the global irradiance, and temperature of Ghardaia city
(south of Algeria) using a data acquisition system. Simulations were
run and the results are discussed showing that neural networks
Technique is capable to decrease the photovoltaic power generation
forecasting error.
Abstract: This paper deals with the application of a well-known neural network technique, multilayer back-propagation (BP) neural network, in financial data mining. A modified neural network forecasting model is presented, and an intelligent mining system is developed. The system can forecast the buying and selling signs according to the prediction of future trends to stock market, and provide decision-making for stock investors. The simulation result of seven years to Shanghai Composite Index shows that the return achieved by this mining system is about three times as large as that achieved by the buy and hold strategy, so it is advantageous to apply neural networks to forecast financial time series, the different investors could benefit from it.